- ISIN
- US33734X7545
- Issuer
- First Trust
- Inception Date
- Mar 2, 2023
- Category
- Emerging Markets Diversified
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg Emerging Market Democracies Index - Benchmark TR Net
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $32M
Share Price Chart
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Performance
EMDM Performance Chart
First Trust Bloomberg Emerging Market Democracies ETF (EMDM) is up 40.9% since the beginning of the year. EMDM is currently trading at $44 per share.
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Returns By Period
First Trust Bloomberg Emerging Market Democracies ETF (EMDM) has returned 40.89% so far this year and 93.35% over the past 12 months.
First Trust Bloomberg Emerging Market Democracies ETF
- 1D
- 0.81%
- 1M
- 12.12%
- YTD
- 40.89%
- 6M
- 47.96%
- 1Y
- 93.35%
- 3Y*
- 33.55%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
EMDM Monthly Returns History
Based on dividend-adjusted daily data since Mar 3, 2023, EMDM's average daily return is +0.12%, while the average monthly return is +2.40%. At this rate, an investment would double in approximately 2.4 years.
Historically, 65% of months were positive and 35% were negative. The best month was Jan 2026 with a return of +13.0%, while the worst month was Mar 2026 at -11.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, EMDM closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +8.6%, while the worst single day was Mar 3, 2026 at -6.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.97% | 11.77% | -11.39% | 12.13% | 9.79% | 2.29% | 40.89% | ||||||
| 2025 | 2.51% | -0.27% | 3.71% | 3.27% | 5.25% | 7.84% | -0.96% | 3.42% | 10.41% | 7.01% | 0.88% | 5.23% | 59.68% |
| 2024 | -4.84% | 0.76% | 5.07% | -0.80% | -0.22% | 3.48% | 1.07% | 1.41% | 1.08% | -4.50% | -3.52% | -3.47% | -4.93% |
| 2023 | -0.32% | 0.15% | -0.62% | 7.00% | 4.36% | -7.30% | -3.69% | -1.96% | 10.63% | 6.46% | 14.21% |
Benchmark Metrics
First Trust Bloomberg Emerging Market Democracies ETF has an annualized alpha of 10.72%, beta of 0.94, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since March 06, 2023.
- This ETF captured 108.65% of S&P 500 Index gains but only 40.79% of its losses - a favorable profile for investors.
- R2 of 0.50 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 10.72%
- Beta
- 0.94
- R²
- 0.50
- Upside Capture
- 108.65%
- Downside Capture
- 40.79%
Expense Ratio
EMDM has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EMDM ranks 93 for risk / return — in the top 93% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Bloomberg Emerging Market Democracies ETF (EMDM) and compare them to S&P 500 Index.
| EMDM | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.02 | 2.39 | +1.63 |
Sortino ratioReturn per unit of downside risk | 4.65 | 3.25 | +1.39 |
Omega ratioGain probability vs. loss probability | 1.68 | 1.43 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 6.00 | 3.11 | +2.88 |
Martin ratioReturn relative to average drawdown | 24.85 | 14.38 | +10.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
First Trust Bloomberg Emerging Market Democracies ETF provided a 2.53% dividend yield over the last twelve months, with an annual payout of $1.12 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.12 | $1.12 | $1.20 | $0.49 |
Dividend yield | 2.53% | 3.57% | 5.87% | 2.16% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Bloomberg Emerging Market Democracies ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.80 | $1.12 |
| 2024 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.85 | $1.20 |
| 2023 | $0.23 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Bloomberg Emerging Market Democracies ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Bloomberg Emerging Market Democracies ETF was 18.81%, occurring on Apr 8, 2025. Recovery took 33 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -18.81%Apr 2025 | 6mo 13d | 1mo 19d | 8mo 2dSep 2024 - May 2025 |
2026 correction2026 | -15.65%Mar 2026 | 1mo 1d | 18d | 1mo 19dFeb 2026 - Apr 2026 |
2023 correction2023 | -13.22%Oct 2023 | 2mo 4d | 2mo 12d | 4mo 16dJul 2023 - Dec 2023 |
2024 correction2024 | -10.24%Aug 2024 | 21d | 1mo 22d | 2mo 13dJul 2024 - Sep 2024 |
2024 pullback2024 | -7.68%Jan 2024 | 20d | 2mo 10d | 3moDec 2023 - Mar 2024 |
Drawdown Indicators
| EMDM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.81% | -56.78% | +37.97% |
Max Drawdown (1Y)Largest decline over 1 year | -15.65% | -9.10% | -6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -18.81% | -18.90% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.07% | -10.72% | +6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | 1.97% | +1.80% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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